LAST BRIEF 09:30 TRT
HOME > MARKETS > FX > GBP/USD > 2026-05-11
GBPUSDBritish Pound / US Dollar
1.3601
+0.33%
DATE: 2026-05-11
SUPPORT:1.3551.35
RESISTANCE:1.3651.37
Past
What happened
Cable gained 45 pips to 1.3601, supported by broad dollar weakness and solid UK services PMI data last week.
Why
Why it matters
BoE rate path divergence from the Fed is widening — UK inflation persistence keeps the BoE on hold while Fed signals cuts. Sterling benefits.
Watch
What to watch
UK employment data Wednesday 09:00 TRT. Rising wages would reinforce BoE hawkishness and push cable toward 1.3700.
HEADLINES
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